🏢 Type: Duplex
🛏️ Bed: 6
🛁 Bath: 4
📏 Sq Ft: 2,046
🧱 Built: 1900
🏗 Construction: Brick
🚪 Market Rent: $2,500/mo
🏡 Market Value: 215k
🛠️ Repairs: None
💵 Ask Price: $136.5k
🤝 Target Closing Date: 1/5/2023
👨👩👧👦 Occupancy: Both units underperforming with month to month tenants only paying 750/mo and 760/mo... Market rent for 1200 for each side
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Rental Comps
1741 E 29th St, Lorain, OH 44055 - 3/2, $1,225/mo
1882 E 37th St, Lorain, OH 44055 - 3/1, 1,295/mo
1642 E 33rd St, Lorain, OH 44055 - 3/2, $1,500/mo
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Sales Comps
2323 E 37th St, Lorain, OH 44055 - Sold for $175k on 7/23
3982 Palm Ave, Lorain, OH 44055 - Sold for $140k on 7/25
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*Requirements for submission: PLEASE read prior to submitting offer
1.) No Assignment of Contracts. We are willing to JV as long as you are transparent.
2.) Minimum escrow deposit of $5k required within 24 hours of acceptance of offer.
3.) Proof of funds required upon contract signing.
4.) Property sold as-is.
5.) Buyer pays all closing costs as well as docs and deed stamps.
6.) Do not approach property without an appointment. Drive by ok.
For offers, negotiations, questions, showings and offers call/text Drew at 407-373-3279 or email Drew@FlashCashOffers.com
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